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Foreclosure Starts See 7x Spike: Black Knight

Foreclosure Starts See 7x Spike: Black Knight

Sunday, 27 February 2022
Lending
Written by
Black Knight has been waiting for signs that foreclosure activity would pick up in the wake of various COVID-related protections rolling off the books. January brought those signs in the form of a sevenfold increase in foreclosure starts from the month before, with about 33,000 loans referred to foreclosure in the month, the most in… Read more...
HUD Probe Urged After Racist Appraisal Email

HUD Probe Urged After Racist Appraisal Email

Sunday, 27 February 2022
Lending
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Rep. Maxine Waters (D-Calif.) has urged Housing and Urban Development Secretary Marcia Fudge to investigate potential illegal appraisal discrimination. Read more...
Mortgage Rates Edge Down Ahead of Ukraine Invasion

Mortgage Rates Edge Down Ahead of Ukraine Invasion

Sunday, 27 February 2022
Lending
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U.S. long-term mortgage rates saw a slight dip in the week leading up to the Russian invasion of Ukraine. So reports ABC News. Read more...
Property Tax Delinquency Rate Drops to 5.9% in 2021

Property Tax Delinquency Rate Drops to 5.9% in 2021

Sunday, 27 February 2022
Lending
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Fewer homeowners were behind on their property taxes last year. That’s according to a new report by CoreLogic. Read more...
Weekly Mortgage Demand Slides to Two-Year Low

Weekly Mortgage Demand Slides to Two-Year Low

Sunday, 27 February 2022
Lending
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A weekly measure of mortgage demand has tumbled to its lowest level in more than two years. So reports CNBC. Read more...
Bodnar of MMG: How the Push and Pull of the News Is Impacting Bonds

Bodnar of MMG: How the Push and Pull of the News Is Impacting Bonds

Sunday, 27 February 2022
Lending
Written by
Bill Bodnar of the Mortgage Market Guide (MMG) discusses the push and pull of the news and how it is both helping and hurting bonds. Read more...
Bodnar of MMG: 3 Reasons Rates May Have Peaked... For Now

Bodnar of MMG: 3 Reasons Rates May Have Peaked... For Now

Friday, 18 February 2022
Lending
Written by
Bill Bodnar of the Mortgage Market Guide (MMG) says interest rates may have peaked for now.  Read more...
Rocket Mortgage Wins Super Bowl Ad Contest Second Year in a Row

Rocket Mortgage Wins Super Bowl Ad Contest Second Year in a Row

Friday, 18 February 2022
Lending
Written by
With Rocket Mortgage’s Super Bowl TV commercial starring Anna Kendrick and Barbie, the company has scored a victory in USA Today’s Ad Meter for a second year in a row. Read more...
LoanDepot CEO Doubles Down on Company Stock

LoanDepot CEO Doubles Down on Company Stock

Friday, 18 February 2022
Lending
Written by
LoanDepot founder and CEO Anthony Hsieh has invested $16.2 million to buy 3.2 million shares of the company since November 2021, the company said. Read more...
FHFA Nomination Stalled by Partisan Walkout

FHFA Nomination Stalled by Partisan Walkout

Friday, 18 February 2022
Lending
Written by
A boycott by Republican members of the Senate Banking Committee has held up the nomination of Sandra Thompson to lead the Federal Housing Finance Agency. So reports Roll Call. Read more...

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